DA Davidson Has Optimistic Outlook of M&T Bank Q3 Earnings

Key Points

• DA Davidson has increased its Q3 2025 EPS estimate for M&T Bank to $4.45 per share, slightly up from $4.44, maintaining a "Neutral" rating and a price target of $207.00.
• M&T Bank recently declared a quarterly dividend of $1.50, an increase from the previous $1.35, resulting in an annualized dividend yield of 3.0%.
• Shares of M&T Bank opened at $200.21, with a market capitalization of $31.29 billion and a consensus price target of $214.53 from analysts.

M&T Bank Corporation (NYSE:MTB - Free Report) - Investment analysts at DA Davidson increased their Q3 2025 EPS estimates for shares of M&T Bank in a report released on Friday, September 26th. DA Davidson analyst P. Winter now forecasts that the financial services provider will post earnings of $4.45 per share for the quarter, up from their prior estimate of $4.44. DA Davidson has a "Neutral" rating and a $207.00 price objective on the stock. The consensus estimate for M&T Bank's current full-year earnings is $16.57 per share. DA Davidson also issued estimates for M&T Bank's FY2026 earnings at $18.98 EPS.

Other analysts have also issued research reports about the stock. Citigroup boosted their price target on shares of M&T Bank from $200.00 to $212.00 and gave the company a "neutral" rating in a research note on Wednesday, July 2nd. Jefferies Financial Group upped their target price on shares of M&T Bank from $220.00 to $240.00 and gave the stock a "buy" rating in a research note on Wednesday, September 3rd. Morgan Stanley upped their target price on shares of M&T Bank from $206.00 to $215.00 and gave the stock an "overweight" rating in a research note on Friday, June 20th. Wells Fargo & Company upped their target price on shares of M&T Bank from $175.00 to $185.00 and gave the stock an "underweight" rating in a research note on Thursday, July 17th. Finally, Cantor Fitzgerald assumed coverage on shares of M&T Bank in a research note on Wednesday, September 10th. They issued an "overweight" rating and a $228.00 target price for the company. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, M&T Bank has an average rating of "Moderate Buy" and a consensus price target of $214.53.

M&T Bank Stock Performance

Shares of MTB stock opened at $200.21 on Monday. The firm has a market capitalization of $31.29 billion, a PE ratio of 12.97, a price-to-earnings-growth ratio of 0.98 and a beta of 0.67. The firm has a fifty day simple moving average of $195.45 and a two-hundred day simple moving average of $185.25. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47. M&T Bank has a 12 month low of $150.75 and a 12 month high of $225.70.

M&T Bank (NYSE:MTB - Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The financial services provider reported $4.28 EPS for the quarter, beating analysts' consensus estimates of $4.04 by $0.24. The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.39 billion. M&T Bank had a net margin of 20.44% and a return on equity of 10.35%. During the same quarter in the previous year, the business posted $3.73 EPS.

M&T Bank Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 2nd will be issued a $1.50 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This is a positive change from M&T Bank's previous quarterly dividend of $1.35. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.0%. M&T Bank's payout ratio is currently 38.86%.

Insider Activity at M&T Bank

In related news, EVP Peter D'arcy sold 2,461 shares of the firm's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $197.31, for a total value of $485,579.91. Following the sale, the executive vice president directly owned 9,319 shares of the company's stock, valued at $1,838,731.89. This trade represents a 20.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Richard H. Jr. Ledgett sold 1,277 shares of the firm's stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $197.48, for a total transaction of $252,181.96. Following the completion of the sale, the director directly owned 4,881 shares in the company, valued at $963,899.88. This represents a 20.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,738 shares of company stock valued at $3,734,612 over the last three months. 0.53% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On M&T Bank

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wealth Preservation Advisors LLC purchased a new stake in M&T Bank in the first quarter valued at approximately $25,000. WPG Advisers LLC purchased a new stake in M&T Bank in the first quarter valued at approximately $25,000. Golden State Wealth Management LLC grew its position in M&T Bank by 2,214.3% during the second quarter. Golden State Wealth Management LLC now owns 162 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 155 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in M&T Bank during the second quarter valued at approximately $36,000. Finally, Grove Bank & Trust grew its position in M&T Bank by 104.6% during the first quarter. Grove Bank & Trust now owns 223 shares of the financial services provider's stock valued at $40,000 after acquiring an additional 114 shares during the last quarter. 84.68% of the stock is owned by hedge funds and other institutional investors.

About M&T Bank

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.

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